Best Sellers in Books
Discover the most popular and best selling products in Books based on sales

Disclosure: I get commissions for purchases made through links in this website
International - Can Democracy Survive Global Capitalism?

Description

Book Synopsis: One of our leading social critics recounts capitalism’s finest hour, and shows us how we might achieve it once again.In the past few decades, the wages of most workers have stagnated, even as productivity increased. Social supports have been cut, while corporations have achieved record profits. Downward mobility has produced political backlash.What is going on? Can Democracy Survive Global Capitalism? argues that neither trade nor immigration nor technological change is responsible for the harm to workers’ prospects. According to Robert Kuttner, global capitalism is to blame. By limiting workers’ rights, liberating bankers, allowing corporations to evade taxation, and preventing nations from assuring economic security, raw capitalism strikes at the very foundation of a healthy democracy.The resurgence of predatory capitalism was not inevitable. After the Great Depression, the U.S. government harnessed capitalism to democracy. Under Roosevelt’s New Deal, labor unions were legalized, and capital regulated. Well into the 1950s and ’60s, the Western world combined a thriving economy with a secure and growing middle class.Beginning in the 1970s, as deregulated capitalism regained the upper hand, elites began to dominate politics once again; policy reversals followed. The inequality and instability that ensued would eventually, in 2016, cause disillusioned voters to support far-right faux populism. Is today’s poisonous alliance of reckless finance and ultranationalism inevitable? Or can we find the political will to make capitalism serve democracy, and not the other way around? Charting a plan for bold action based on political precedent, Can Democracy Survive Global Capitalism? is essential reading for anyone eager to reverse the decline of democracy in the West.

Details

In a world where capitalism reigns supreme, it is critical that we examine the impact it has on our democracy. Robert Kuttner's thought-provoking book, "Can Democracy Survive Global Capitalism?" sheds light on the cracks in our socioeconomic system and proposes a path towards revitalizing democracy. With compelling evidence, Kuttner argues that the harm inflicted upon workers' prospects is not solely the result of trade, immigration, or technological advancements. Instead, he points the finger directly at global capitalism, which undermines workers' rights, benefits the wealthy few, and hampers economic security.

But it doesn't have to be this way. Kuttner challenges us to look back at history and learn from the successes of our past. He reminds us of a time when capitalism and democracy coexisted harmoniously, and the middle class thrived. By examining the transformative policies implemented during Roosevelt's New Deal, Kuttner presents a blueprint for reclaiming the dynamic relationship between a fair economy and a strong democracy.

Yet, as deregulated capitalism gained momentum in the 1970s, the balance of power began to shift. The political landscape became skewed in favor of the elite, leading to widespread inequality and instability. This toxic combination ultimately contributed to the rise of far-right populism that we witness today. Are we condemned to continue down this path? Kuttner doesn't believe so. He presents a rallying cry for political action and outlines a decisive plan to reestablish capitalism as a servant of democracy, rather than the other way around.

Embodying the essence of political precedent, "Can Democracy Survive Global Capitalism?" provides a gripping wake-up call. It is an indispensable guide for those who are determined to reverse the alarming decline of democracy in the Western world. Together, we have the power to reshape the future, reigniting the fires of democracy and ensuring a prosperous society for all.

Take action now and secure your copy of "Can Democracy Survive Global Capitalism?". Let us embark on a journey towards a brighter future, where democracy thrives and capitalism serves as its pillar.

Disclosure: I get commissions for purchases made through links in this website